Tatton Asset Management’s (TAM) “Add” Rating Reiterated at Peel Hunt

Tatton Asset Management (LON:TAM)‘s stock had its “add” rating reiterated by research analysts at Peel Hunt in a report issued on Tuesday,London Stock Exchange reports. They presently have a GBX 720 price objective on the stock. Peel Hunt’s target price indicates a potential upside of 1.41% from the stock’s current price.

Tatton Asset Management Price Performance

TAM stock remained flat at GBX 710 during trading on Tuesday. The company had a trading volume of 253,028 shares, compared to its average volume of 92,328. Tatton Asset Management has a 52 week low of GBX 546 and a 52 week high of GBX 770. The firm has a market capitalization of £431.89 million, a P/E ratio of 27.09, a PEG ratio of 1.91 and a beta of 1.03. The stock’s 50-day moving average is GBX 718.42 and its 200-day moving average is GBX 691.09. The company has a current ratio of 3.71, a quick ratio of 3.50 and a debt-to-equity ratio of 1.52.

Tatton Asset Management (LON:TAM) last issued its quarterly earnings data on Tuesday, November 18th. The company reported GBX 16.77 EPS for the quarter. Tatton Asset Management had a net margin of 36.32% and a return on equity of 31.98%. Research analysts expect that Tatton Asset Management will post 26.0903733 earnings per share for the current year.

Insider Transactions at Tatton Asset Management

In other news, insider Paul Hogarth sold 400,000 shares of the stock in a transaction dated Friday, October 17th. The shares were sold at an average price of GBX 732, for a total transaction of £2,928,000. Also, insider Paul Edwards sold 27,180 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of GBX 718, for a total value of £195,152.40. Corporate insiders own 19.10% of the company’s stock.

Tatton Asset Management Company Profile

Tatton Asset Management plc was founded by entrepreneur and current Chief Executive Officer, Paul Hogarth who had previously co-founded and developed the then largest IFA support services business in the UK, Bankhall. Paul’s vision in starting Tatton Asset Management was to create a range of services to power the UK’s leading financial advisers, facilitating expansion and enabling them to better service their clients.